Category: Uncategorized

New Emergent Ventures winners, ninth cohort

Mikko Packalen, with co-authors, fellow in Progress Studies, Associate Professor of Economics, University of Waterloo, to improve science, in particular to study superior methods for improving systems of science citation.  Here is some previous MR coverage of his work.

Daniel Gallardo Albarrán, post doc at Wageningen University, Netherlands, for historical research on European and other policy responses to plagues.

Anna Steingold, Barnard College, general career support and to investigate small business successes and failure in New York City.

Fasih Zulfiqar, Karachi, Pakistan, home schooled and #1 economics student on the Pakistan national exam.  For the study of economics in college and general career support.

Dylan White, living in Dubai, philosophy and tutor background, to start a podcast on travel and tourism during pandemic times.

Sarvasv Kulpati, Singapore, about to start UC Berkeley (if possible), interested in education and technology.

Bekhzod Khoshimov, Ph.d. candidate at the University of Wisconsin, Madison, Wisconsin School of Business, for the study of entrepreneurship and to develop his podcast matters related to political economy and also Uzbekistan and Russia.  Here is his interview with James Robinson.

Solve for the equilibrium

What might be some alternate (if possibly slightly unfair) titles?  How about

“A Swede by Any Other Name” or “America > Sweden”?

“Refuting Friedman-Savage, convexity all over”

“Their capitalist bosses made them turn out”

“They all supported lockdown in the poll”

What else?

VTEKL.

Thursday assorted links

1. Karl Friston responds on immunological dark matter.  And more on Friston, again highly speculative, use with caution.

2. From a well-known epidemiologist — yikes.  And yes I fully grant you can find comparable sins from economists.  Of course it is easy enough to pick on such egregious statements, the broader worry is that hardly anyone will admit the more prosaic and less scandalous but no less relevant: “My initial lockdown recommendations were not sustainable and I did not realize it at the time.”  Ferguson, Cummings, people on the Florida beach, and now the demonstrations and also the rioters all reflect that.  The “what do the people really want?” debate has been settled, in US and UK at least, and the results should make us feel uncomfortable.  That said, on the bright side the authorities claim no new cases from the Lake of the Ozarks frolic.  Now let’s hope it is actually true.

3. Over forty percent of companies are not paying their rents.

4. Norwegian mudslide video, recommended.

5. Mexican students design low-cost solar lamps from waste materials.

Chesapeake travel notes

Now is an ideal time to visit Maryland’s Eastern Shore, if only for a few days.  There are open vistas, water birds, charming old homes, and plenty of signs of Revolutionary and 19th century history.  (At that time the Chesapeake was a focal area with important water access, now it is a literal “backwater.”)  None of those features are diminished by opening restrictions or social distancing.  Most of the restaurants you want to eat in were serving outside anyway.  Mask observance I would describe as “not below average.”  On Tilghman island, you can see one of the old Navy research stations where they worked to make radar operational, plus there is a nice 19th century church.  The whole “white guys with boats” thing I find boring, however.

St. Michael’s is one of the nicest small towns in all of America.  It is also where Frederick Douglass spent some of his early life as a slave and downtown you can see the above plaque.

Our regulatory state is broken, installment #1837

Americans returning from China landed at U.S. airports by the thousands in early February, potential carriers of a deadly virus who had been diverted to a handful of cities for screening by the Centers for Disease Control and Prevention.

Their arrival prompted a frantic scramble by local and state officials to press the travelers to self-quarantine, and to monitor whether anyone fell ill. It was one of the earliest tests of whether the public health system in the United States could contain the contagion.

But the effort was frustrated as the C.D.C.’s decades-old notification system delivered information collected at the airports that was riddled with duplicative records, bad phone numbers and incomplete addresses. For weeks, officials tried to track passengers using lists sent by the C.D.C., scouring information about each flight in separate spreadsheets.

“It was insane,” said Dr. Sharon Balter, a director at the Los Angeles County Department of Public Health. When the system went offline in mid-February, briefly halting the flow of passenger data, local officials listened in disbelief on a conference call as the C.D.C. responded to the possibility that infected travelers might slip away.

“Just let them go,” two of the health officials recall being told.

Here is the full NYT piece, thorough, excellent, and scary throughout, and it shows a first-rate understanding of bureaucracy.  Don’t forget the CDC budget has risen steadily in real terms.

Wednesday assorted links

1. Charmaine Lee — The Quarantine Concerts.

2. Tracking down all of Isaac Asimov’s work.

3. Canadians’ top pick for a national lichen: “Canada has spoken.”

4. Urban foxes may be self-domesticating in our midst.

5. Scott Alexander on Julian Jaynes.  And split brain does not lead to split consciousness.

6. Me, writing in The Complacent Class.

7. What it’s like to fly to China.

8. Levine reviews Weyl.

9. Alexander Chizhevsky.  And why Russians have trouble with social distancing.

10. The unraveling of the Surgisphere coronavirus papers.  Politics, insider trading, or something altogether different?

My excellent Conversation with Ashley Mears

Tired of lockdown, pandemic, and rioting?  Here is a podcast on some of their polar opposites, conducted by “a bridge and tunnel guy” with an accomplished sociologist.  Here is the audio and transcript, here is the summary:

Ashley Mears is a former fashion model turned academic sociologist, and her book Very Important People: Status and Beauty in the Global Party Circuit is one of Tyler’s favorites of the year. The book, the result of eighteen months of field research, describes how young women exchange “bodily capital” for free drinks and access to glamorous events, boosting the status of the big-spending men they accompany.

Ashley joined Tyler to discuss her book and experience as a model, including the economics of bottle service, which kinds of men seek the club experience (and which can’t get in), why Tyler is right to be suspicious of restaurants filled with beautiful women, why club music is so loud, the surprising reason party girls don’t want to be paid, what it’s like to be scouted, why fashion models don’t smile, the truths contained in Zoolander, how her own beauty and glamour have influenced her academic career, how Barbara Ehrenreich inspired her work, her unique tip for staying focused while writing, and more.

Here is one excerpt especially dear to my heart:

COWEN: Let’s say I had a rule not to eat food in restaurants that were full of beautiful women, thinking that the food will be worse. Is that a good rule or a bad rule?

MEARS: I know this rule, because I was reading that when you published that book. It was when I was doing the field work in 2012, 2013. And I remember reading it and laughing, because you were saying avoid trendy restaurants with beautiful women. And I was like, “Yeah, I’m one of those people that’s actually ruining the food but creating value in these other forms because being a part of this scene and producing status.” So yeah, I think that’s absolutely correct.

And:

COWEN: I have so many naive, uninformed questions, but why is the music so loud in these clubs? Who benefits from that?

MEARS: Who benefits?

COWEN: I find the music too loud in McDonald’s, right?

MEARS: Clubs are also in this business of trying to manufacture and experience what Emile Durkheim would call this collective effervescence, like losing yourself in the moment. And that’s really possible when you’re able to tune out the other things, like if somebody is feeling insecure about the way they dance or if somebody is not sure of what to say.

Having really loud music that has a beat where everybody just does the same thing, which is nod to the beat — that helps to tune people into one another, and it helps build up a vibe and a kind of energy, so the point is to lose yourself in the music in these spaces.

And:

COWEN: Let’s say you sat down with one of these 20-year-old young women, and you taught them everything you know from your studies, what you know about bodily capital, sociological theories of exploitation. You could throw at them whatever you wanted. They would read the book. They would listen to your video, talk with you. Would that change their behavior any?

MEARS: I don’t think so. No, I don’t think so. They might not be too surprised even to learn that this is a job for promoters, and the promoters make money doing this. Most of them know that. They didn’t know how much money promoters are making. They don’t know how much money the clubs are making, but they know that they’re contributing to those profits, and they know that there’s this inequality built into it.

…in this world, there’s a widespread assumption that everybody uses everybody else. The women are using the club for the pleasures that they can get from it. They’re using the promoter for the pleasures they can get from him, the access. The promoters are using the young women. The clients are using the promoters.

The drawing line is when there’s a perception of abuse. People have a clear sense that lying about being exclusively romantic would be a clear violation, so that would be abusive. But use is okay. Mutual exploitation is okay.

Definitely recommended, a unique and fascinating episode.  And again, I strongly recommend Ashley’s new book Very Important People: Status and Beauty in the Global Party Circuit, one of my favorite books of the year.

Is this why budget deficits might prove sustainable?

By Adrien Auclert, Hannes Malmberg, Frederic Martenet, and Matthew Rognlie:

We use a shift-share approach to quantify the general equilibrium effects of population aging on wealth accumulation, real interest rates, and capital flows. Combining population projections with household survey data from the US and 24 other countries,we project the evolution of wealth-to-GDP ratios by changing the age distribution,holding life-cycle asset and income profiles constant. We find that this compositional effect of aging is large and heterogeneous across countries, ranging from 85 percent-age points in Japan to 310 percentage points in India over the rest of the twenty-first century. In a general equilibrium overlapping generations model, our shift-share provides a very good approximation to the evolution of the wealth-to-GDP ratio due to demographic change when interest rates remain constant. In an integrated world economy, aging generates large global imbalances in the twenty-first century, pushing net foreign asset positions to levels several times larger than those observed until today.

Via Steven Bogden.  This is very likely an important piece.

Tuesday assorted links

1. Facts about research registries.

2. “It is this conjunction of visibility and invisibility that drives the Indian response. The lockdown meets all international standards so far; the relief package none.

3. Bryan is right about many but not all of these claims.  And here is more from Bryan.  I would note that the five percent or so of (non-fatal) cases who react very badly to Covid-19 do not seem to be obviously correlated with the comorbidities that drive mortality risk so strongly.  Bryan should take this piece and related results more seriously.

4. Scott Galloway on the future of college.  Good and vivid piece, except for the end.

5. Bleeding Heart Libertarians blog comes to an end.

6. Grindr will remove ethnicity filters in solidarity with Black Lives Matter.

7. “Counterfactual estimates suggest that, in the absence of international integration, the average resident of a low and lower-middle income country does not live in a market large enough to experience sustained poverty reduction.

8. Star Wars stormtroopers to enforce social distancing measures at Disney properties.

9. Summary of new results on super-spreaders (NYT).

Model this New York City police force

Last night, and some previous nights, many storefronts in Manhattan were trashed, there was looting in Soho, or how about this description from Rachel Olding at The Daily Beast?:

Hard to describe how rampant the looting was tonight in Midtown Manhattan and how lawless it was. Complete anarchy. Literally hundreds of stores up and down Broadway, Fifth Ave, Sixth Ave. Kids ruling the streets like it was a party.

Now, those are among the most visible and “high value” spots in the whole city and the NYPD has over 38,000 police to draw upon.  So what is the best model of why all that trouble happened and indeed was allowed to happen?  I see a few candidates:

1. Those police are not sufficiently well trained.

2. Those police are trained but they are afraid of confronting protestors and so they don’t do it.

3. The mayor de facto doesn’t want the police to be too involved, as that might be unpopular with swing voters in the primaries or even the general election.

4. The police union insists, de facto, that not many police be sent directly into such confrontations.

5. There is a general lack of accountability, and so there is failure at multiple levels, and so many good things simply do not happen, but for reasons which are not always entirely concrete.

6. The police do not have the right technology to handle these kinds of problems.

Which is it, and which other hypotheses am I neglecting?

As a more general observation, if this problem cannot be solved, complaining about Trump holding the Bible and the tear gas on the way to the church ultimately will fall upon deaf ears.  Ultimately the American public are not going to side against “the thin blue line” (i.e., the police), so to win all those important civil liberties victories you also need the police doing the proper job effectively. Maybe I picked the wrong Google terms but “why didn’t New York police stop rioters” does not in fact yield anything substantive on the question I am asking.  How can that be?  While you’re at it, model that too!

Addendum: One reader hypothesis is to send a signal to the mayor for criticizing them. Another is here: “Similar to Baltimore, the police in Minneapolis will make it clear that looting and widespread private property destruction will be tolerated for the remainder of the protests as a way to conflate protesters and looters and “teach a lesson to” their liberal civilian bosses

Police Union Privileges Revisited

The post below, Police Union Privileges, from 2018 is worth revisiting. As I wrote in a follow-up, police union privileges are only one part of a system and reform requires system-thinking. Nevertheless, getting rid of these special privileges, including so-called qualified immunity and restoring the equal rule of law are good places to start. Need I also mention that police should not keep fines and forfeitures–the negative consequences of which I documented in To Serve and Collect, my paper with Makowsky and Stratmann.

——————

Earlier I wrote about how police unions in some parts of the country (especially common in NJ and NY, yet a firing offense in some other jurisdictions, edit 2020) give to every officer dozens of “get out of jail” cards to give to friends, family, politicians, lawyers, judges and other connected people. The cards let police on the street know that the subject is to be given “professional courtesy” and they can be used to get out of speeding tickets and other infractions. Today, drawing on the Police Union Contracting Project, I discuss how union contracts and Law Officer “Bill of Rights” give police legal privileges that regular people don’t get.

In 50 cities and 13 states, for example, union contracts “restrict interrogations by limiting how long an officer can be interrogated, who can interrogate them, the types of questions that can be asked, and when an interrogation can take place.” In Virginia police officers have a right to at least a five-day delay before being interrogated. In Louisiana police officers have up to 30 days during which no questioning is allowed and they cannot be questioned for sustained periods of time or without breaks. In some cities, police officers can only be interrogated during work hours. Regular people do not get these privileges.

The key to a good interrogation is that the suspect doesn’t know what the interrogator knows so the suspect can be caught in a lie which unravels their story. Thus, the Florida Police Bill of Rights is stunning in what it allows police officers:

The law enforcement officer or correctional officer under investigation must be informed of the nature of the investigation before any interrogation begins, and he or she must be informed of the names of all complainants. All identifiable witnesses shall be interviewed, whenever possible, prior to the beginning of the investigative interview of the accused officer. The complaint, all witness statements, including all other existing subject officer statements, and all other existing evidence, including, but not limited to, incident reports, GPS locator information, and audio or video recordings relating to the incident under investigation, must be provided to each officer who is the subject of the complaint before the beginning of any investigative interview of that officer.

By knowing what the interrogators know, the suspect can craft a story that fits the known facts–and the time privilege gives them the opportunity to do so.

Moreover, how do you think complainants feel knowing that the police officer they are complaining about “must be informed of the names of all complainants.” I respect and admire police officers but frankly I think this rule is dangerous. Would you come forward?

How effective would criminal interrogations be if the following rules held for ordinary citizens?

The law enforcement officer or correctional officer under interrogation may not be subjected to offensive language or be threatened with transfer, dismissal, or disciplinary action. A promise or reward may not be made as an inducement to answer any questions.

What does it say about our justice system that the police don’t want their own tactics used against them?

In the United States if you are arrested–even for a misdemeanor or minor crime, even if the charges are dropped, even if you are found not guilty–you will likely be burdened with an arrest record that can increase the difficulty of getting a job, an occupational license, or housing. But even in the unlikely event that a police officer is officially reprimanded many states and cities require that such information is automatically erased after a year or two. The automatic erasure of complaints makes it difficult to identify problem officers or a pattern of abuse.

Louisiana’s Police Officer Bill of Rights is one of the most extreme. It states that police have the right to expunge any violation of criminal battery and assault and any violation of criminal laws involving an “obvious domestic abuse.” Truly this is hard to believe but here is the law (note that sections (2)(a) and (b) do not appear, as I read it, to be limited to anonymous or unsubstantiated complaints).

A law enforcement officer, upon written request, shall have any record of a formal complaint made against the officer for any violation of a municipal or parish ordinance or state criminal statute listed in Paragraph (2) of this Subsection involving domestic violence expunged from his personnel file, if the complaint was made anonymously to the police department and the charges are not substantiated within twelve months of the lodging of the complaint. (2)(a) Any violation of a municipal or parish ordinance or state statute defining criminal battery and assault. (b) Any violation of other municipal or parish ordinances or state statutes including criminal trespass, criminal damage to property, or disturbing the peace if the incident occurred at either the home of the victim or the officer or the violation was the result of an obvious domestic dispute.

In an excellent post on get out of free jail cards, Julian Sanchez writes:

…beyond being an affront to the ideal of the rule of law in the abstract, it seems plausible that these “get out of jail free” cards help to reinforce the sort of us-against-them mentality that alienates so many communities from their police forces. Police departments that want to demonstrate they’re serious about the principle of equality under the law shouldn’t be debating how many of these cards an average cop gets to hand out; they should be scrapping them entirely.

Equality under the law also requires that privileges and immunities extend to all citizens equally.

Monday assorted links

1. Death threats against German virologists.  And “His perception of fishes’ features was so refined, she added, that he could distinguish individual faces, the way humans recognize one another.”  (NYT)

2. Does altitude matter for Covid-19?

3. Police violence thread, excellent, scholarly.

4. Thread on police unions.  Very good.

5. Model this, Samantha Shader edition.  And Scholar’s Stage on rioting.  And the lawyers are now throwing Molotov cocktails at the police (NYT)

6. Toward a further economics of gossip.

7. Data on school reopenings and how they have gone.

8. Roland Fryer on policing the police.

Fight the Virus!

I was asked by the LATimes to contribute to a panel on economic and pandemic policy. The other contributors are Joseph E. Stiglitz, Christina Romer, Alicia H. Munnell, Jason Furman, Anat R. Admati, James Doti, Simon Johnson, Ayse Imrohoroglu and Shanthi Nataraj. Here’s my contribution:

If an invader rained missiles down on cities across the United States killing thousands of people, we would fight back. Yet despite spending trillions on unemployment insurance and relief to deal with the economic consequences of COVID-19, we have spent comparatively little fighting the virus directly.

Testing capacity has slowly increased, but where is the national program to create a dozen labs each running 200,000 tests a day? It’s technologically feasible but months into the crisis, we have only just begun to spend serious money on testing.

We haven’t even fixed billing procedures so we can use the testing capacity that already exists. That’s right, labs that could be running tests are idle because of billing procedures. And while some parts of our government are slow, the Food and Drug Administration seems intent on reducing America’s ability to fight the virus by demanding business-as-usual paperwork.

Operation Warp Speed is one of the few bright spots. Potential vaccines often fail and so firms will typically not build manufacturing capacity, let alone produce doses until after a vaccine has been approved. But if we follow the usual procedure, getting shots in arms could be delayed by months or even years.

Under Operation Warp Speed, the government is paying for capacity to be built now so that the instant one of 14 vaccine candidates is proven safe and effective, production will be ready to go. That’s exactly what Nobel-prize winning economist Michael Kremer, Susan Athey, Chris Snyder and I have recommended. It might seem expensive to invest in capacity for a vaccine that is never approved, but it’s even more expensive to delay a vaccine that could end the pandemic.

Relief payments can go on forever, but money spent on testing and vaccines has the potential to more than pay for itself. It’s time to fight back.

Alex Tabarrok is a professor of economics at George Mason University and a member of the Accelerating Health Technologies With Incentive Design team.

My point about not fighting the virus directly was illustrated by many of the other panelists. Joseph Stiglitz, Christina Romer, Alicia Munnell, Jason Furman, James Doti, and Shanthi Nataraj say nothing or next to nothing about viruses. Only Anat Admati, Simon Johnson, Ayse Imrohoroglu get it.

Admati supports a Paul Romer-style testing program:

Until effective vaccines and therapies are available, which may be many months away, our best approach is to invest heavily in increasing the capacity for testing many more people and isolating those infected.

Simon Johnson argues, in addition, for antibody tests (not the usual PCR tests):

Policymakers should go all-in on ramping up antibody testing, to determine who has been exposed to COVID-19. Such tests are not yet accurate enough to determine precise immunity levels, but the work of Michael Mina, an immunologist and epidemiologist at Harvard, and others demonstrates that using such tests in the right way generates not just information about what has happened but, because of what can be inferred about underlying disease dynamics, also the information we need to understand where the disease will likely next impact various local communities.

Imrohoroglu advocates for targeted lockdown:

In addition to CDC recommendations about social distancing and public health strategies for all, I believe that as we reopen, we should keep a targeted lockdown policy in place for at-risk groups.

Alex Armlovich on blood plasma donors and markets

From my email:

I saw your post about COVID blood brokers–My girlfriend and I had it in March and finally got antibody tests last week when the city opened the free clinics.

I inquired on a national plasma donor site, was directed to CSL Plasma in Clifton NJ, and a donor concierge from LeapCure reached out. They didn’t tell me what the compensation is (the CSL website says it’s usually ~$50 for normal plasma) but they’re calling a roundtrip Uber from my apartment near Ridgewood, Queens all the way to NJ, which is $108 one-way. The concierge said to reach out if there are any concerns with the first trip next week because they’re hoping for up to 2x weekly donations.

What I don’t understand is, why doesn’t the city’s antibody testing program directly link up to plasma donation? I had to go through a bunch of hassle to find out where to donate, and I think the information & coordination friction is a bigger deterrent than anything else. And why isn’t there more collection capacity in the city itself; the long commute seems unnecessary. If this is scientifically important enough to merit real donor spending from biotech, it seems like the city should make even a minimal investment in reducing process friction.

Maybe an integrated, frictionless testing & plasma donation infrastructure should be a permanent strategy for future “zero-day viruses” where convalescent antibodies are the only thing we have to treat first responders…

Here is Alex Armlovich on Twitter.